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                    [ArticleID] => 298605
                    [Title] => Defer tax increase, MBC tells Makati City
                    [Summary] => Unless Makati City wants Taguig or Pasig City to be the country’s next business capital, it should scrap plans to increase business tax rates at least for the next two years, the Makati Business Club (MBC) said yesterday.


Pushing for a tax hike will only force big businesses to transfer operations to other locations which can offer lower tax rates, it added.


The group is now calling on city government officials to reconsider its proposed increases in local taxes and defer any such moves to beyond 2006.


                    [DatePublished] => 2005-09-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Metro
                    [SectionUrl] => metro
                    [URL] => 
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                    [ArticleID] => 298296
                    [Title] => MBC asks Makati to defer tax hike
                    [Summary] => The Makati Business Club (MBC) has called on the deferment of Makati City’s proposed tax hikes in anticipation of the implementation of the expanded value-added tax (EVAT) law. 


In a position paper, the MBC said "the anticipated implementation of the EVAT law will already increase VAT coverage for all businesses as well as subject them to a new corporate income tax rate of 35 percent, up from the current 32 percent." 


                    [DatePublished] => 2005-09-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

BARANGAYS GUADALUPE VIEJO

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                    [ArticleID] => 298605
                    [Title] => Defer tax increase, MBC tells Makati City
                    [Summary] => Unless Makati City wants Taguig or Pasig City to be the country’s next business capital, it should scrap plans to increase business tax rates at least for the next two years, the Makati Business Club (MBC) said yesterday.


Pushing for a tax hike will only force big businesses to transfer operations to other locations which can offer lower tax rates, it added.


The group is now calling on city government officials to reconsider its proposed increases in local taxes and defer any such moves to beyond 2006.


                    [DatePublished] => 2005-09-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Metro
                    [SectionUrl] => metro
                    [URL] => 
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                (
                    [ArticleID] => 298296
                    [Title] => MBC asks Makati to defer tax hike
                    [Summary] => The Makati Business Club (MBC) has called on the deferment of Makati City’s proposed tax hikes in anticipation of the implementation of the expanded value-added tax (EVAT) law. 


In a position paper, the MBC said "the anticipated implementation of the EVAT law will already increase VAT coverage for all businesses as well as subject them to a new corporate income tax rate of 35 percent, up from the current 32 percent." 


                    [DatePublished] => 2005-09-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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abtest

Defer tax increase, MBC tells Makati City

September 26, 2005 - 12:00am

Unless Makati City wants Taguig or Pasig City to be the country’s next business capital, it should scrap plans to increase business tax rates at least for the next two years, the Makati Business Club (MBC) said...

Metro

MBC asks Makati to defer tax hike

By Donnabelle L. Gatdula | September 24, 2005 - 12:00am

The Makati Business Club (MBC) has called on the deferment of Makati City’s proposed tax hikes in anticipation of the implementation of the expanded value-added tax (EVAT) law. In a position paper, the MBC...

Business